There’s been a lot of news about new legislation that may impact IRAs and retirement plans. So, what are some of the big potential changes in the proposed legislation for IRA and retirement plan owners?

Could you give me an idea of what the impact of this law would be for someone with a million dollar IRA?

What has to happen for this proposed legislation to become law?

What should our listeners be doing about the potential changes now?

Should our listeners consider making additional Roth IRA conversions as soon as this year?

Should our listeners be changing their estate plans now?

Jim Lange, CPA/Attorney, is author of “Retire Secure,” “The Roth Revolution,” and “The 214,000 Mistake: How to Double Your Social Security and maximize your IRAs – Proven Strategies for Couples 62-70.” He is also President of two interrelated companies that provide financial services to IRA and retirement plan owners. Jim is the founding President of a CPA firm that does tax planning and preparation. The second company is a registered investment advisory firm that provides cutting-edge Roth IRA conversion strategies and conservative money management. The companies are located in Squirrel Hill in one location where he has been practicing for over 30 years.

Jim is a nationally-recognized IRA, 401(k) and retirement plan distribution expert. Jim is also the President and Founder of The Roth IRA Institute™ which helps financial professionals and IRA and retirement plan owners to get the most from their retirement plans using Roth IRA conversions as an integral part of the planning strategy. Jim is currently traveling the country as an invited presenter for some of the world’s top insurance companies, money managers and industry associations such as Nationwide, Merrill Lynch, Transamerica, Jackson National, Morgan Stanley, American Institute of CPAs, National Association of Insurance and Financial Advisors and several Financial Planning Associations.

Jim is also the best-selling author of The Roth Revolution: Pay Taxes Once and Never Again. Ed Slott, “America’s IRA Expert,” wrote the foreword and said “The Roth Revolution offers readers proven solutions for minimizing taxes and shows, step-by-step, how to build tax-free wealth for generations.”

Jim’s articles and recommendations have appeared over 30 times in The Wall Street Journal, 24 times in the Pittsburgh Post Gazette, and his estate planning solution, Lange’s Cascading Beneficiary Plan™ has been featured in Financial Planning, The Tax Adviser, and Kiplinger’s Retirement Report.